Quote:
Originally Posted by brjak
Value of car is not reduced to zero. You could part the car out, or sell as a rolling chassis. Probably get 6-7kCDN. in essence without IMs and engine failure. value-7K. 11K car with 2K invested in an IMS replacement. Car value 11K. SO really the swing is roughly 3K on the car. Now saying that we are talking about a 97 Base boxster.
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6-7?? For an old roller up here? No way. There just isn't much of a market here in Canada, and if you want to sell it down south, well, there are lots available, so supply vs. demand just isn't there. I'm guessing you don't have collision insurance on your car too? Or any life insurance?
IMS fix is really just insurance - odds are you will never ever use it, but it can be comforting to have. Especially for a car that sits, like most in Canada do over the winter.